Construct the double-entry accounts for the following transactions of N James, a sole trader,

and balance off each account at the end of the month.

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2016 1 January Business is started with opening up of a bank account with private money totalling 3,000. 3 January Fixtures bought on credit from K Wesson for 870. 5 January Goods purchased on credit from S Johnson for 96. 9 January Goods purchased on credit from P Jones for 45. 13 January Money transferred to the cash till from the bank totalling 600. 14 January Jones paid in full in cash. 16 January Insurance paid by cheque 33. 19 January Advertising paid by cash 45. 20 January Sales on credit of 205 to S Welsh. 22 January Rent received of 70 cash. 26 January Welsh returned 60 of goods. 28 January Cheque received from Welsh for 100.